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The income that households have to devote to consumption and saving, taking into account direct taxes and transfer payments

Expansion of the productive capacity of an economy

Unemployment that arises because of a deficiency of aggregate demand in the economy, so that the equilibrium level of output is below full employment

Decisions made by the government on its expenditure, taxation and borrowing

Range of measures intended to have a direct impact on aggregate supply - and specifically the potential capacity output of the economy